Math, asked by krantijamale, 9 months ago

what is the rate of interest there is a difference of rupees 121.50 between the simple interest and compound interest on principal rupees 15000 for 2 years?

Answers

Answered by nagasivaprasad4

1

Step-by-step explanation:

CI-SI for 2 years = P×(r/100)^2

121.50=15000×r^2/10000

121.50=3/2×r^2

121.50×2/3=r^2

243/3=r^2

r=√81

r=9%

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